All India Gem and Jewellery Domestic Council seeks mandatory hallmarking delay
The All India Gem and Jewellery Domestic Council has demanded a postponement of the introduction of mandatory hallmarking for gold jewellery due to a lack of sufficient gold purities.
“The Bureau of Indian Standards (BIS), by not recognising the other karatages has imposed a fetter on the freedom of jewellers to sell articles of different karatages,” said the All India Gem and Jewellery Domestic Council in a statement on May 4, the Gem and Jewellery Export Promotion Council reported on its website.
The organisation argues that, due to regional preferences for different levels of gold purity, allowing only 14, 18, and 22 carat purity levels is insufficient. Mandatory hallmarking is scheduled to be implemented from June but the All India Gem and Jewellery Domestic Council believes it is necessary to add purity standards such as 23 and 24 carat to the list of purities before it is implemented.
“It is common to find 23k and 24k gold items in Akola, Kolhapur, Solapur, Pune, and Jalgaon in Maharashtra while in Haryana, Punjab, and Western Uttar Pradesh, they usually sell 20k and 21k,” said All India Gem and Jewellery Domestic Council chairman Ashish Pethe.
The traders’ organisation also claimed several weeks ago that the mandatory hallmarking implementation should be postponed by a year due to disruption caused by the second wave of coronavirus sweeping the country. Many smaller jewellers have not yet registered for hallmarking and cannot do so before the implementation deadline if they are currently under local lockdown.
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